Michael G Cantonis Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Michael G Cantonis Foundation Inc is a 501(c)(3) organization based in Palm Harbor, Florida, registered in 1983, with $90,870 in FY2024 revenue. CharityIndex grades it F.
3117 Harvest Moon Dr, Palm Harbor, FL, 34683 EIN 59-2214565 Since 1983
Revenue (FY2024)
$91K
▲ 36.7% vs prior year
Expenses (FY2024)
$157K
Net assets
$2.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Michael G Cantonis Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating178 mo reserves · -72% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Michael G Cantonis Foundation Inc: 178 mo reserves · -72% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Michael G Cantonis Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Michael G Cantonis Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 3117 Harvest Moon Dr, Palm Harbor, FL, 34683
- City
- Palm Harbor
- State
- Florida
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $297K (FY2013) to $91K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $2.3M
Operating margin
-72.5%
Spent more than it raised in the latest fiscal year.
Total assets
$2.3M
Total liabilities
$0
Net assets
$2.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $90,870▲36.7% | $156,713▲35.5% | $2,323,318▼2.8% | $2,323,318▼2.8% | 990PF |
| 2023 | $66,467▼85.4% | $115,626▼62.2% | $2,389,161▼2.0% | $2,389,161▼2.0% | 990PF |
| 2022 | $454,051▲51.0% | $305,937▲144% | $2,438,320▲6.5% | $2,438,320▲6.5% | 990PF |
| 2021 | $300,672▲1566% | $125,258▼3.0% | $2,290,206▲8.3% | $2,290,206▲8.3% | 990PF |
| 2020 | $18,045▼90.9% | $129,126▼9.0% | $2,114,792▼5.0% | $2,114,792▼5.0% | 990PF |
| 2019 | $197,844▲34.0% | $141,917▼8.1% | $2,225,873▲2.6% | $2,225,873▲2.6% | 990PF |
| 2018 | $147,690▼0.8% | $154,452▼3.0% | $2,169,946▼0.3% | $2,169,946▼0.3% | 990PF |
| 2017 | $148,891▲41.6% | $159,154▼4.4% | $2,176,708▼0.5% | $2,176,708▼0.5% | 990PF |
| 2016 | $105,156▼13.6% | $166,399▲14.1% | $2,186,971▼2.7% | $2,186,971▼2.7% | 990PF |
| 2015 | $121,687▼28.2% | $145,807▼17.3% | $2,248,214▼1.1% | $2,248,214▼1.1% | 990PF |
| 2014 | $169,399▼42.9% | $176,409▲3.2% | $2,272,334▼0.3% | $2,272,334▼0.5% | 990PF |
| 2013 | $296,657 | $171,010▼4.5% | $2,279,344▲5.8% | $2,283,754▲6.0% | 990PF |
| 2012 | — | $179,057▼6.5% | $2,153,697▼0.8% | $2,153,697▼0.8% | 990PF |
| 2011 | — | $191,453▲24.3% | $2,170,748▲3.7% | $2,170,748▲3.2% | 990PF |
| 2010 | — | $153,998 | $2,092,681 | $2,103,121 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Michael G Cantonis Foundation Inc a legitimate nonprofit?
- Yes. Michael G Cantonis Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 59-2214565, based in Palm Harbor, Florida. Donations are tax-deductible.
- What is Michael G Cantonis Foundation Inc's EIN?
- Michael G Cantonis Foundation Inc's Employer Identification Number (EIN) is 59-2214565.
- How much revenue does Michael G Cantonis Foundation Inc report?
- Michael G Cantonis Foundation Inc reported $90,870 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Michael G Cantonis Foundation Inc have?
- CharityIndex grades Michael G Cantonis Foundation Inc F, based on financial health (reserves and operating margin).
More nonprofits in Palm Harbor
Explore more
Data for Michael G Cantonis Foundation Inc (EIN 59-2214565) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.